Yale University

9:43am

Local

Yale School of Management will hold a town hall meeting Thursday in New Haven, Connecticut, to present a case study about communities that offer place-based scholarships, including the El Dorado Promise.

Murphy Oil Corp.’s $50 million college scholarship program pays tuition and fees for graduates of El Dorado High School who go on to an accredited college. The payout is based on the highest tuition and fees at an Arkansas public university. Since it was announced nearly eight years ago, 1,444 students have received the Promise scholarship.